2023 LRD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LRD to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LRD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 98.8816. Conversely, the yearly low was recorded on February 3, dropping to 9.6122.
This high-to-low spread represents a total annual volatility of 89.2693 LBP. From a start-to-finish perspective, comparing the January average rate of 9.7567 to the December average rate of 79.9573, the exchange rate registered a net change of 719.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 98.8816 was up 848.46% compared to the 2022 peak of 10.4255, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LRD to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 75.8047, compared to 80.6414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8367 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 89.2693 LBP (High: 98.8816 / Low: 9.6122). On the other end, January was the most stable month, with a tight range of 0.2348 LBP (High: 9.8805 / Low: 9.6457).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 4.6205 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 80.9985) against the same month in 2022 (average: 9.8523), the exchange rate shifted by +71.1461 (+722.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.8805 | 9.6457 | 9.7567 |
| February | 98.8816 | 9.6122 | 80.9985 |
| March | 97.6918 | 91.8960 | 94.5486 |
| April | 93.8634 | 90.0700 | 92.5473 |
| May | 92.2659 | 89.2831 | 90.3446 |
| June | 89.2386 | 83.3672 | 86.6326 |
| July | 83.6448 | 80.6435 | 82.0121 |
| August | 81.8365 | 80.3508 | 80.8292 |
| September | 81.4630 | 80.4070 | 80.7816 |
| October | 80.7096 | 80.1289 | 80.3722 |
| November | 80.1540 | 79.4810 | 79.8960 |
| December | 80.4862 | 79.7496 | 79.9573 |